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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
DE DEN from Brugge, company number BE0440827782, closed financial year 2025 with a result of € 3.2 million after tax. For that financial year DE DEN recorded a gross margin of € -41,043 and equity of € 67.6 million. Compared with financial year 2024, the result moved from € 4.3 million to € 3.2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 67.6 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.2 million
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 3.1 million
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.4 million paid out
42 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 396,630
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,198
▲ € 4,859 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 446,068
▲ 46% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -31,188 | € -38,759 | € -40,384 | € -41,043 | ▼ € 659 |
| Profit after taxes | € -290,384 | € 2,615,441 | € 4,334,924 | € 3,231,462 | ▼ 25% |
| Equity | € 66,346,048 | € 65,172,015 | € 65,717,465 | € 67,595,770 | ▲ 3% |
| Total debts | € 6,506,911 | € 10,640,896 | € 11,995,057 | € 8,907,836 | ▼ 26% |
| Cash | € 27,444,361 | € 2,083,470 | € 2,314,007 | € 3,103,602 | ▲ 34% |
| Retained profit | € 41,052,021 | € 39,877,988 | € 40,423,439 | € 42,301,743 | ▲ 5% |
| Dividend | € 2,526,316 | € 3,789,474 | € 3,789,474 | € 1,353,158 | ▼ 64% |
| Balance sheet total | € 72,852,959 | € 75,812,911 | € 77,712,522 | € 76,503,606 | ▼ 2% |
Key figures of DE DEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DE DEN?
What happened at DE DEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Daisy Cordier stepped down as director. NBB
- Carmen Cordier stepped down as director. NBB
- Paul Cordier stepped down as director. NBB
- Paula Vancoppenolle stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.2 million (▼ 25% vs 2024). Source: NBB ↗
- Daisy Cordier became a director. NBB
- Carmen Cordier became a director. NBB
- Paula Vancoppenolle became a director. NBB
In short
From € 290,384 loss in 2022 to € 3.2 million profit in 2025.
Paid € 3.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 4.3 million profit.
Paid out € 11.5 million in dividends to the owners in total.
Management
It owns 86.3% of COVA-INVEST itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2028
Paul Cordier
Director
Also active at: COVA-INVEST, ART, DIMA IMMO, CoGiVa Groep, CoGiVa, PureC, CoYoTTo
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Langerei 4-5-6
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.827.782
- VAT number
- BE 0440.827.782
- Registered office
- Langerei 4-5-6, 8000 Brugge
- Names & denominations
- DE DEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 1990
- Peppol
- Not registered